Aplisens Sa Stock Beneish M Score

APN Stock   17.60  1.35  7.12%   
This module uses fundamental data of Aplisens to approximate the value of its Beneish M Score. Aplisens M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
  
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Pair Trading with Aplisens

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aplisens position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aplisens will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aplisens Stock

  0.86PKN Polski Koncern NaftowyPairCorr

Moving against Aplisens Stock

  0.84UCG UniCredit SpAPairCorr
  0.76SAN Banco Santander SAPairCorr
  0.58CEZ CEZ asPairCorr
  0.48DNP Dino Polska SAPairCorr
The ability to find closely correlated positions to Aplisens could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aplisens when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aplisens - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aplisens SA to buy it.
The correlation of Aplisens is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aplisens moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aplisens SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aplisens can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Aplisens Stock Analysis

When running Aplisens' price analysis, check to measure Aplisens' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aplisens is operating at the current time. Most of Aplisens' value examination focuses on studying past and present price action to predict the probability of Aplisens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aplisens' price. Additionally, you may evaluate how the addition of Aplisens to your portfolios can decrease your overall portfolio volatility.